US stocks rebound

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US stocks open higher, rebounding after two days of losses brought on by the collapse of oil prices

From CNN Business' Anneken Tappe

US stocks are gearing up for a rebound today, with futures pointing to the first higher open of the week. "Investors catch [a] collective breath, but sentiment remains fragile," wrote Marc Chandler at Bannockburn Global Forex in a note this morning. Stocks have spent two days in the red this week, dragged down after the oil market broke and prices turned negative. Even though sentiment is better today, the fundamental worries about oil storage capacity amid weaker demand hasn't gone away.

And coronavirus? Well, it's still weighing on companies' performances, making this earnings season ugly so far. And all of this means the situation could turn pear-shaped for stocks very quickly.are up more than 350 points, or 1.5%, while S&P 500 futures are up 1.5%. Futures for the Nasdaq Composite are up 1.4%.Global stocks are in the green, too.share with Facebook

 

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CNN please ask NIGERIANS where is they president and the vice president let him come out and Address the nation like other presidents did...and ask them what is the hole doing in they president Neck

Its time to address subsidies for wind and solar.

I bet CNN didn’t want to post this story...all they want to do is protect the ccp as if they did nothing wrong..

Yea but they stole 140 stocks from me

Don't care about billionaires and their money right now.

American stock market will be even better if Trump really does his job.

omg

Oil out, green energy in!! ProgressiveCapitalism

Superpower should not be damned. Go whole hog!

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